Core Viewpoint - Veralto (VLTO) has received an upgrade to a Zacks Rank 2 (Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Performance - The Zacks rating system is based on changes in earnings estimates, which have a strong correlation with near-term stock price movements [4][6]. - For Veralto, the recent upgrade reflects an improvement in the company's underlying business, likely leading to increased stock prices due to investor confidence [5][10]. Earnings Estimate Revisions - Veralto is projected to earn $3.78 per share for the fiscal year ending December 2025, with no year-over-year change expected [8]. - Over the past three months, the Zacks Consensus Estimate for Veralto has increased by 3%, indicating a positive trend in earnings estimates [8]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with only the top 20% receiving a "Strong Buy" or "Buy" rating [9][10]. - The upgrade of Veralto to a Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [10].

Company Overview - Veralto (VLTO) is expected to report earnings for the quarter ended June 2025, with a consensus estimate of $0.89 per share, reflecting a year-over-year increase of +4.7% [3] - Revenues are anticipated to reach $1.34 billion, which is a 4.3% increase from the same quarter last year [3] Earnings Expectations - The consensus EPS estimate has been revised 0.34% higher in the last 30 days, indicating a positive reassessment by analysts [4] - A positive Earnings ESP of +1.55% suggests that analysts are optimistic about Veralto's earnings prospects, combined with a Zacks Rank of 2 (Buy) [12] Historical Performance - In the last reported quarter, Veralto exceeded the expected earnings of $0.87 per share by delivering $0.95, resulting in a surprise of +9.20% [13] - Over the past four quarters, Veralto has consistently beaten consensus EPS estimates [14] Industry Comparison - Waste Connections (WCN), a peer in the Waste Removal Services industry, is expected to report earnings of $1.25 per share for the same quarter, indicating a year-over-year change of +0.8% [18] - Waste Connections has an Earnings ESP of +0.5% and a Zacks Rank of 3 (Hold), suggesting a likelihood of beating the consensus EPS estimate [19]